Chinese tech stocks have been under pressure over the last year or so as traders and investors worry about the influence of Chinese government regulation on company business practice.  I noticed a bit of Twitter chatter about Alibaba (BABA) during last week and this got me taking a closer look at its chart and this […]

There hasn’t been a lot of change since yesterday but here are trend lines to watch for any new reaction to news AFTER the Federal Reserve Jackson Hole Summit.

The S&P500 and NASDAQ have crept to new highs, the fifth consecutive day of doing so, ahead of the Federal Reserve Summit. The US$ has been down each day this week but watch to see how Summit news might impact here.

Markets maintained their positive risk appetite drift last session but it was small steps, rather than leaps, ahead of the looming Fed Summit. I am not expecting a whole lot of movement until after this event. An exception being across some of the meme stocks and this volatility might be more of a warning than […]

Market sentiment received a boost to start the week following FDA approval of the Pfizer vaccine. This shift back to risk-on kept the US$ in check and helped to trigger some trend line breakout opportunities.